Whether we like it or not, we’re in the midst of the fourth industrial revolution led by technology. Every aspect of our lives is going to continue to be digitized and transformed, from the way we interact with each other to the way we live our daily lives, and there’s no exception for the financial services industry or its regulations. Innovation and technology are advancing so quickly that we need regulatory requirements, such as RegTech, to ensure there are checks and balances in place and to help make the process of transformation and transition a lot smoother.